EDC biannual Trade Confidence Index surges

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The Economic Development Canada’s biannual Trade Confidence Index shows a 19 per cent increase over the start of the year, the largest jump in the survey’s history. The index came in at 80.5, the highest in two decades and a 44-per-cent increase from this time last year. Canadian exporters in all sectors expressed higher levels of confidence, led by the information and communication technology and transportation industries. Miners and oil and gas companies were the least optimistic. To read more about the results, click here.

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